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Nexans Wires sued its direct competitor, Sarkuysan, in federal court alleging that it had induced two individuals to engage in economic espionage by stealing computer data belonging to Nexans Wires. However, the judge dismissed the complaint for failure to allege the $5,000 "loss" threshold under the Computer Fraud and Abuse Act. The plaintiff claimed that the expenses of two executives who had meetings at Le Cirque to discuss the situation met the threshold, but the judge held that there was no evidence.
October 18, 2004 at 12:00 AM
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The original version of this story was published on National Law Journal
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